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Super Committee Failure Concerns Medicare

The failure of the Super Committee to come up with a deal has triggered some automatic cuts that will total 1.2 trillion over ten years. Bob Pruston with H&R Block in Washington says that the cuts won’t make a difference for most people. He says the average American won’t feel the difference, but retirees may have a problem because of the Medicare cuts. He says a lot of doctors might be opting out of the Medicare program because of the decrease in payments. He says what should worry most people is the uncertainty, because we won’t know the extent of the cuts until December.